We were surprised by a recent public statement issued by Guitar Center. Over the last year, due to GC’s
highly publicized financial situation, we were forced to evaluate their credit worthiness. As a result of their credit rating, it was
determined that they were a high risk and we were forced to put them on business hold. We certainly respect GC’s decision to discontinue
business with us and we thank them for our excellent 20 year relationship.
Over the past 25 years, MUSIC Group has seen tremendous
growth and has become one of the largest Pro Audio companies in the world. The Company experienced a historical record revenue last year
and also celebrated an all-time record revenue in April in the United States.
Since its introduction in 2012, the X32 has become the world’s best-selling digital mixing console and with over 150,000 units sold, it has far exceeded all expectations. In recent years, MUSIC
Group acquired the iconic brands Midas, Klark Teknik and Turbosound which have also experienced unprecedented growth.
MUSIC Group has
invested over US$ 100 million in the industry’s most advanced and automated manufacturing facility which is scheduled to open later this
year. The massive 3 million square foot campus demonstrates our long-term commitment to innovation, quality and highly competitive
We are committed to our customers receiving products at “Double the Experience for Half the Price,” while our business partners
enjoy healthy profits and unprecedented sell-through.
Our US distributor Starin is in the process of rolling out a new free-freight program
as well as extended payment terms, making it even easier to get access to our high demand products.
I want to personally thank all our US
dealers for their tremendous support and loyalty.
Onwards and upwards!
Chief Executive Officer
construction scheduled for completion in mid-2014
Zhongshan, China – Just over a year after breaking ground on a massive new
campus that will become home to up to 10,000 employees, MUSIC Group founder and CEO Uli Behringer is excited about the progress made on the
site – and the fantastic prospects for the Company's future.
“I'm thrilled to see the progress on this wonderful new manufacturing
facility called MUSIC Group City," said Uli Behringer. "My dream has always been to help talented musicians reach their goals. Seeing this
campus coming to fruition is gratifying – and we can hardly wait to see this place come to life!
We have spent over 2 years
blue-printing and fine-tuning every single aspect of the plant's design. Several specialized Japanese process engineering firms have been
engaged to create one of the most efficient, automated and environmentally friendly manufacturing plants in the world. We also spent
substantial resources on the industrial design, which show-cases massive glass-curtains and aluminum-braced facades. We even added internal
factory walk-ways for visitors to witness every aspect of our high-tech production - an inspiring customer experience that manufacturers
like BMW and Volkswagen have pioneered."
Uli Behringer continuous: "24 years ago, we were the first company in our industry to
move manufacturing to China and it has been an incredible learning experience. It is interesting to me that most of our competitors have
outsourced manufacturing, something we would never do. In-house manufacturing is the only way to control and deliver consistent quality.
Our continued investments in automation, optical and X-ray inspection devices, rigorous lifecycle testing equipment, and in-house quality
assurance have resulted in failure rates that are among the lowest in the industry. We even built a comprehensive EMC and UL-approved
safety lab to do rigorous and comprehensive compliance testing that goes way beyond the regulatory requirements. As a result, we now offer
a 3-year Warranty Program for all our products."
Undertaken in September of 2012 with a gala cornerstone ceremony, the main
building will be an enormous, 3 million square foot structure supported by 2,500 support beams, with a total combined length of more than
40 miles (65 km). When complete, the US$ 70 million, 70-acre complex will include a dedicated factory space housing more than 100 automated
manufacturing lines, fully automated transducer production lines, injection molding and hydro-forming facilities plus a total "clean-air"
wood products and painting pavilion. On site will also be a single-story, fully automated warehouse directly connected to an on-line B2B
Partner Portal that allows real-time ordering and distribution.
Along with the expanded manufacturing capacity, the campus will
also be home to several advanced-research facilities and training centers for employees to further develop the world-class design skills
that have made MUSIC Group a highly-respected industry leader.
MUSIC Group is working closely with expert firms to maximize
energy-efficiency and minimize the carbon footprint, in keeping with the company's goal of exceptional environmental stewardship. The
Company's employees will literally call the new campus home, with as many as 5,000 living on-site and taking advantage of a wealth of
amenities, including a variety of dining options, on-premises childcare, medical services – and a vast array of recreational facilities.
With a 24/7 crew of 1,000 workers on-site, construction is scheduled to be completed by mid 2014.